Tom Anderson

Tom Anderson

contributor Advisor
  • What Is A USDA Loan?

    USDA loans are home loans issued or guaranteed by the United States Department of Agriculture. These loans are part of the USDA’s Rural Development program, meant to encourage homeownership in small communities across the U.S. by offering low-interest, low-down-payment mortgages...
  • What Is a 401(k) Plan?

    A 401(k) is an employer-sponsored retirement plan. If an employer offers a 401(k) as part of their benefits package, employees can choose to contribute a portion of their wages to fund a 401(k) account—subject to annual limitations—and the employer may...
  • Investing Basics: What Is A Brokerage Account?

    A brokerage account allows you to buy and sell investments, such as stocks, bonds, exchange traded funds (ETFs), and mutual funds. This account type can also be referred to as a taxable investment account—to differentiate it from tax-advantaged retirement accounts...
  • What Are Index Funds?

    Index funds are passively managed mutual funds that try to duplicate the performance of a financial index, like the S&P 500 or the Dow Jones Industrial Average. Index funds are a great way to simplify investing while also reducing your...
  • Best Business Credit Cards Of April 2020

    Business owners know every penny they spend counts. When it comes to making the most of business transactions, using a credit card can be a rewarding strategy.  Business credit cards can offer a range of benefits. These include rewards or...
  • Health Savings Accounts 101: A 60-Second Guide To HSAs

    How you spend your health care dollars can help you save on taxes and even boost your retirement nest egg. It all starts with a health savings account. HSAs are the most favored investment vehicle under the tax code. Contributions...
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